CNRG vs. VCLN

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR S&P Kensho Clean Power ETF (CNRG) and Virtus Duff & Phelps Clean Energy ETF (VCLN).

CNRG and VCLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNRG is a passively managed fund by State Street that tracks the performance of the S&P Kensho Clean Power Index. It was launched on Oct 22, 2018. VCLN is an actively managed fund by Virtus Investment Partners. It was launched on Aug 3, 2021.

Performance

CNRG vs. VCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Clean Power ETF (CNRG) and Virtus Duff & Phelps Clean Energy ETF (VCLN). The values are adjusted to include any dividend payments, if applicable.

CNRG vs. VCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CNRG SPDR S&P Kensho Clean Power ETF	2.22%	50.23%	-14.48%	-11.55%	-7.98%	-7.98%
VCLN Virtus Duff & Phelps Clean Energy ETF	10.41%	55.75%	-6.69%	-17.54%	-7.87%	-5.00%

Returns By Period

In the year-to-date period, CNRG achieves a 2.22% return, which is significantly lower than VCLN's 10.41% return.

CNRG

• 1D: 1.20%
• 1M: -3.28%
• YTD: 2.22%
• 6M: 3.99%
• 1Y: 82.17%
• 3Y*: 3.13%
• 5Y*: -3.01%
• 10Y*: —

VCLN

• 1D: 0.40%
• 1M: -0.41%
• YTD: 10.41%
• 6M: 17.13%
• 1Y: 72.50%
• 3Y*: 9.62%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CNRG vs. VCLN - Expense Ratio Comparison

CNRG has a 0.45% expense ratio, which is lower than VCLN's 0.59% expense ratio.

VCLN

Virtus Duff & Phelps Clean Energy ETF

CNRG

SPDR S&P Kensho Clean Power ETF

Return for Risk

CNRG vs. VCLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNRG

CNRG Risk / Return Rank: 90
CNRG Sharpe Ratio Rank: 91
CNRG Sortino Ratio Rank: 90
CNRG Omega Ratio Rank: 83
CNRG Calmar Ratio Rank: 96
CNRG Martin Ratio Rank: 89

VCLN

VCLN Risk / Return Rank: 95
VCLN Sharpe Ratio Rank: 95
VCLN Sortino Ratio Rank: 95
VCLN Omega Ratio Rank: 91
VCLN Calmar Ratio Rank: 98
VCLN Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CNRG vs. VCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Clean Power ETF (CNRG) and Virtus Duff & Phelps Clean Energy ETF (VCLN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CNRG	VCLN	Difference
Sharpe ratio Return per unit of total volatility	2.13	2.44	-0.31
Sortino ratio Return per unit of downside risk	2.62	3.16	-0.54
Omega ratio Gain probability vs. loss probability	1.33	1.41	-0.07
Calmar ratio Return relative to maximum drawdown	4.75	5.81	-1.05
Martin ratio Return relative to average drawdown	11.98	21.39	-9.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNRG vs. VCLN - Sharpe Ratio Comparison

The current CNRG Sharpe Ratio is 2.13, which is comparable to the VCLN Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of CNRG and VCLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CNRG	VCLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	2.44	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.12	+0.39

Correlation

The correlation between CNRG and VCLN is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CNRG vs. VCLN - Dividend Comparison

CNRG's dividend yield for the trailing twelve months is around 1.35%, less than VCLN's 1.82% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CNRG SPDR S&P Kensho Clean Power ETF	1.35%	1.46%	1.34%	1.17%	1.23%	1.34%	0.69%	1.16%	0.35%
VCLN Virtus Duff & Phelps Clean Energy ETF	1.82%	2.01%	1.16%	1.14%	0.65%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CNRG vs. VCLN - Drawdown Comparison

The maximum CNRG drawdown since its inception was -68.49%, which is greater than VCLN's maximum drawdown of -45.66%. Use the drawdown chart below to compare losses from any high point for CNRG and VCLN.

Drawdown Indicators

	CNRG	VCLN	Difference
Max Drawdown Largest peak-to-trough decline	-68.49%	-45.66%	-22.83%
Max Drawdown (1Y) Largest decline over 1 year	-17.73%	-12.58%	-5.15%
Max Drawdown (5Y) Largest decline over 5 years	-59.32%	—	—
Current Drawdown Current decline from peak	-33.53%	-5.09%	-28.44%
Average Drawdown Average peak-to-trough decline	-32.02%	-24.92%	-7.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.04%	3.42%	+3.62%

Volatility

CNRG vs. VCLN - Volatility Comparison

SPDR S&P Kensho Clean Power ETF (CNRG) has a higher volatility of 10.59% compared to Virtus Duff & Phelps Clean Energy ETF (VCLN) at 9.57%. This indicates that CNRG's price experiences larger fluctuations and is considered to be riskier than VCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNRG	VCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.59%	9.57%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	29.57%	21.32%	+8.25%
Volatility (1Y) Calculated over the trailing 1-year period	38.81%	29.83%	+8.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.79%	27.34%	+6.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.77%	27.34%	+8.43%